174 replies to this topic

[dTraderB]

10/23 10:00 AM ET: Sep Existing Home Sales
10/23 2:00 PM ET: Oct Fed Releases Beige Book
10/24 8:30 AM ET: Sep Chicago Fed Nat Activity Index
10/24 9:45 AM ET: Oct P S&P Global Manufacturing PMI
10/24 9:45 AM ET: Oct P S&P Global Services PMI
10/24 10:00 AM ET: Sep New Home Sales
10/25 10:00 AM ET: Oct F U. Mich. Sentiment and Inflation Expectation
10/25 10:00 AM ET: Aug F Durable Goods Orders

[dTraderB]

Adding spy, qqq puts above es 5895

[12SPX]

Gloomy wet weather so taking my time today, that and a cold arg.  Nonetheless added to my short at 5910, average now 5867, with the futures moving higher last night I'm not surprised were lower this morning.  Interesting you mentioned someone else mentioning that options are skewed right now d.  They aren't skewed at all its just that people are astronomically bullish and think they can make money on any call option they buy today lol!!  The other day the prices of the out of the money November cycle options were insanely bullish and are already showing profits.  This past expiration cycle had huge odds of it being a down one and we have now moved into 1999, 2007 and 2017 trading periods of consecutive up cycles.  These are very rare and at the least indicate volatility kicking up hugely in following months!!! I also agree with the other guys that I think we'll likely see a correction and I was saying in July even though were 4% higher from there and suggested putting your money in a 5% t-bill and see how the rest of the year goes, I still say it will be interesting as 5670 isn't that far away but for sure believe we will be going more sideways for a very very long time with some big corrections along the way. as we get through the election and move into next year. 

[dTraderB]

Closing all remaining NVDA STOCK ABOVE 140

[dTraderB]

Maybe I am wrong but these PUTS SEEM TO BE OVERVALUED this morning! Will still accummulate... requires too much screen time ..

Adding spy, qqq puts above es 5895

[dTraderB]

Above 141......closing all!

Closing all remaining NVDA STOCK ABOVE 140

[dTraderB]

Start with TESLA NOV15 220 PUT

Will open a favorite earning season trade: TESLA STRANGLE - MORE PUTS THAN CALLS

They call this market surge a "TRUMP RALLY"

[dTraderB]

Closed es long 5907

Nq long 20480

Es buy limit 5901.5

A few trades in Asian session, done for the night.

[dTraderB]

Closed nq long 20550
Flat es, nq

Closed es long 5907

Nq long 20480

Es buy limit 5901.5

A few trades in Asian session, done for the night.

[dTraderB]

ES 5892 STRONG SUPPORT!